The Uncertainty of the US Stimulus Seems No Help for Bitcoin’s Rally

The price of Bitcoin has rallied from its recent low around $17,650 to $18,500 while the major indices declined due to the uncertainty of the US stimulus yesterday. However, it seems didn’t help to reverse the downward trend for Bitcoin as the price couldn’t break $18,700 the resistance level. Therefore, a further correction to $17,200 is expected for Bitcoin.

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